Help Taken from Standard SuccessFactors Pension Payout Implementation Guide.
Overview: Pension Payout is used to maintain data for the pensioners in the SuccessFactors Employee Central system, both for the active as well as Inactive employees. In this blog we will see the basic important steps to configure pension payout in system. Let’s go with the step by step configuration detail.
Step 1: Enable the pension payout either from provisioning or from SuccessFactors instance. Instance Path Admin Center – Manage Employee Central Settings.
Activate Pension Payout
Step 2: Provide necessary RBP access. Sample RBP access below:
Step 3: Configure Event (If missing in system) SPP, EPP & OPP. We must use the mentioned codes for event.
Step 4: Create Event Reasons. As a sample you can create the following event reasons.
Step 5: Provide RBP access to the above-mentioned event reasons
All configuration done. Now let’s modify some employee’s data.
Starting Pension payout:
Ending Pension Payout:
Job Information History detail for both records: